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Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen for short period tonnage for mid/end of August - it is rumoured tonnage achieved high 20´s! Continent, Black Sea and USG have been much more active and with the grain season coming up, expecting the Atlantic to firm up even further. Rates are at mid/high 30´s for t/a rounds on Supras and low 40´s for trips FEast. Outlook: firm. The FEast market was firming during the last week. For NOPAC rounds Supras were fixed in the high teens. For Indo/India rates improved quite a lot, large Supras were fixed at mid 20´s. For short period Supras trading at low/mid 20´s. India; from WCI Supras could achieve high teens for trips to China but it´s still quiet out there and everyone is looking forward to the end of the monsoon season. For R´Bay rounds Supras trading in the high teens.
Panamax
Backed by a stronger short period market and supported by some fresh requirements the sentiment has been more positive this week with the spot market firming slowly in both hemispheres. Expectations for a stronger Q4 and 6.5% increased congestion last week does to some extent assist the optimism. On the other hand new buildings are still pouring out at a rate of 2 bulk carriers/day, spot activity relatively slow leaving mixed feelings to the recent upturn and market sustainability. The Atlantic basin seems fine balanced in the upward trend, with Continent in particular being tight for tonnage. TA rounds are typically in the mid/high 20´s and fronthaul mid 30 ´s + bonus for Aden transit. The Pacific now up to 23-24k for NOPAC rounds, and above mid 20´s for Indonesia rounds or trips via ECSA. Short periods are now at 27k whereas one year has been fixed at 26k. Owners are actively promoting short period, 1 and 2 years, and although takers are there the market shows ambiguity.
the market shows ambiguity.
Capesize
Last week´s upward movement in the freight market was operator driven. The previous week´s standoff between charterers and operators resulted in a flurry of fixtures which, all but, cleaned out the vessels in ballast to Brazil. The combination of this and Vales terminals returning to normal operations, granted owners with for higher rates. The paper market followed suite and this resulted in a few period fixtures being concluded in the low usd 30k´s level. This week started again with a standoff, but so far the rates have edged downwards slightly, while Baltic Index has been catching up with last week’s levels. Ultimately the market remains relatively flat with, but could drive upwards again if the operators return to the market, but unlikely to be dramatic as the influx of new tonnage has a dampening effect.
Souce: FEARNBULK
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Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
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- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- The University of Queensland
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Australian Coal Association
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
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